The Battle Against Inflation is Far From Over
Real Vision: Finance & Investing
00:00
What's Going to Happen to the S&P 500?
Valuations will continue to get compressed. There's just no way, in my opinion, that bear market's bottom at 17 times earnings. I expect as the quarters progress from here, we'll get further declines in earnings estimates for the full year. Small and medium sized businesses are slowing because they have less leeway.
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